US Foreign Policy Trump47 | Threatens all hell to break loose in Gaza; won't rule out military force in Panama, Greenland, threatens economic force

  • Thread starter Thread starter nycfan
  • Start date Start date
  • Replies: 271
  • Views: 6K
  • Politics 
ChileG said:
Yeah, I bought a new home last February. My decision, and it is still the correct decision.
But if anyone other than Trump were elected president, I would have been able to refinance and save about $600 per month.
Thanks, Trump.
Click to expand...
Just hang on a little while. All those tariffs will tank the economy so interest rates will be heading down soon.
 
Callatoroy said:
Yep, excitement in the economy of trump taking office. Fed doesn't know whether to shit or go blind.
Click to expand...
Do you really not understand that the rise in bond yields is the market's prediction of rampant inflation? Trump has not actually gotten any deal in Gaza done (it's not even done, and of course Trump had nothing to do with it), but he has already caused interest rates to increase by over 25 bps.

In case you're counting, 25 bps on $30T of debt is 75B a year. That is what Trump has ALREADY added to the deficit. He hasn't taken office, and he has already cost the US more than all of his DOGE efficiencies put together.

Winning! God you people are so fucking blind.
 
ChileG said:
What does the Fed have to do with mortgage rates rising? And why would “excitement in the economy” lead to higher interest rates?
Click to expand...
Cuts in the fed rate almost always lead to cuts in other rates. The 10 yr T rates will fall and then mortgage rates will fall. Of course you know that so
 
Callatoroy said:
Just hang on a little while. All those tariffs will tank the economy so interest rates will be heading down soon.
Click to expand...
The problem is that the tariffs will tank the economy AND lead to higher interest rates. Because the inflation that's coming is not cyclical. It's not a recession. It can't be addressed with lower interest rates. That's because tariffs are an intentional effort by the president to increase prices. And decrease the competitiveness of our exports. Intentionally.
 
ChileG said:
You don’t seem to understand how any of this works. No big deal. A lot of people don’t. Like Trump, for example.
Click to expand...
Yea, I do. I have 3 homes, 2 of which at one point had mortgages, as well as commercial property that had a mortgage. I have refinanced numerous times on those mortgages. While mortgage rates aren't tied to fed rates, fed rates falling has a domino effect on other rates. Play semantics with someone else.
 
Callatoroy said:
Yea, I do. I have 3 homes, 2 of which at one point had mortgages, as well as commercial property that had a mortgage. I have refinanced numerous times on those mortgages. While mortgage rates aren't tied to fed rates, fed rates falling has a domino effect on other rates. Play semantics with someone else.
Click to expand...
Yet the fed has cut rates but bond yields are increasing. Why do you suppose that is?
 
farce© said:
Yet the fed has cut rates but bond yields are increasing. Why do you suppose that is?
Click to expand...
because there is uncertainty in the market. the economy is chugging along and inflation is sill a concern. Kind of hard for the fed to keep cutting isn't it? But according to you guys, all these tariffs will kill the economy so not to worry. Won't take long for the tariffs to take their toll and mortgage rates will be back under 5%.
 
Callatoroy said:
because there is uncertainty in the market. the economy is chugging along and inflation is sill a concern. Kind of hard for the fed to keep cutting isn't it? But according to you guys, all these tariffs will kill the economy so not to worry. Won't take long for the tariffs to take their toll and mortgage rates will be back under 5%.
Click to expand...
This is not correct. None of it.

Edit: I will make one correction to my statement above.

Inflation is now a concern. It was no longer a concern up until November 5th, 2024, but then it became a concern to the markets again. This is not my opinion. This can easily be Googled if one were inclined to learn.
 
Last edited:
Callatoroy said:
Just hang on a little while. All those tariffs will tank the economy so interest rates will be heading down soon.
Click to expand...

You're claiming that inflation will force interest rates down? Did Arthur Laffer mark up a different, secret napkin that we don't know about?
 
You must log in or register to reply here.
Back
Top